USD 98.6 Billion
Global Automotive Electronic Control Unit Market Size, Share, Growth Analysis, By Type(Powertrain Control Module (PCM) and Engine Control Module (ECM)), By Application(ADAS & Safety and Infotainment) - Industry Forecast 2024-2031
Report ID:
SQMIG25E2044 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
59 |
Figures:
75
Global Automotive Electronic Control Unit Market Insights
Global Automotive Electronic Control Unit Market size was valued at USD 98.6 Billion in 2022 and is poised to grow from USD 103.63 Billion in 2023 to USD 154.28 Billion by 2031, at a CAGR of 5.10% during the forecast period (2024-2031).
The automotive electronic control unit (ECU) market is experiencing growth due to various factors such as the increasing demand for high-end vehicles, advancements in the electronics industry, and a range of federal regulations aimed at reducing fuel consumption. Additionally, rising consumer demand for vehicles with improved fuel economy has contributed to the market's expansion. The adoption of automotive driver-assisted system technology (ADAS), including adaptive cruise control (ACC), automatic emergency braking (AEB), and parking guidance, has also propelled the growth of the automotive ECU market. For instance, Continental Engineering Services collaborated with Sono Motors to produce the self-charging electric vehicle Sion with an ADAS system and software for torque management, climate control, and energy. However, the market growth is restrained by the increasing complexity and sophistication of electronic control units. The software for these units has a rising number of functions, which adds to its complexity, and the network structure and connectivity issues can cause technical flaws and result in problems with the engine's fuel scheduling and setting, negatively impacting vehicle performance. In addition, it can be difficult to connect several ECUs in inexpensive cars, and problems with the ECU can result in unexpected acceleration, increased fuel consumption, inadvertent airbag deployment, and decreased vehicle performance. Nevertheless, premium features like ambient lighting, ADAS, and body electronics provide drivers and passengers with a higher level of comfort and safety, and the demand for the semiconductors required for vehicle electrification is rising quickly alongside the creation and adoption of electric vehicles as part of the global effort to reduce carbon emissions. IGBTs, acting as effective power switches in inverters, are key components of power cards for electric vehicles.
US Automotive Electronic Control Unit Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Powertrain Control Module (PCM)
Fastest Growth
Powertrain Control Module (PCM)
Growth Rate
5.10% CAGR
Global Automotive Electronic Control Unit Market 2021-2030 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Automotive Electronic Control Unit Market Size By Type 2021-2030 ($ Bn)
Global Automotive Electronic Control Unit Market Size By Type 2021-2030 (%)
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Global Automotive Electronic Control Unit Market Segmental Analysis
Global Automotive Electronic Control Unit market is segmented by type, application, and region. Based on type, the market can be segmented into Powertrain Control Module (PCM) and Engine Control Module (ECM). Based on application, the market is segmented into ADAS & Safety and Infotainment. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Automotive Electronic Control Unit Market Analysis by Type
By type, the market can be segmented into Powertrain Control Module (PCM) and Engine Control Module (ECM). The Powertrain Control Module (PCM) segment dominated the market due to its essential role in controlling the engine's functions, including fuel injection, ignition timing, and emissions control. The PCM is responsible for optimizing engine performance, improving fuel efficiency, and reducing emissions, making it a critical component of modern vehicles. With the increasing demand for high-performance vehicles and the need to comply with stringent emission regulations, the PCM segment is expected to continue dominating the market during the forecast period.
The Engine Control Module (ECM) segment is expected to be the fastest-growing segment during the forecast period. The ECM is responsible for managing the engine's operation, including monitoring and adjusting parameters such as air-fuel ratio, ignition timing, and engine speed. With the increasing demand for advanced safety features, connected vehicles, and the rise in electric vehicles, the ECM segment is expected to witness significant growth. The ECM is essential in hybrid and electric vehicles, where it controls the electric motor's operation and battery management system. As the market for hybrid and electric vehicles is expected to grow, the ECM segment is expected to witness the fastest growth during the forecast period.
Automotive Electronic Control Unit Market Analysis by Application
By application, the market can be segmented into ADAS & Safety and Infotainment. The ADAS & Safety segment dominated the market due to the increasing demand for advanced safety features in vehicles, such as lane departure warning, automatic emergency braking, and adaptive cruise control. The ADAS & Safety ECU is responsible for controlling these safety features and ensuring the safety of the driver, passengers, and pedestrians. With the increasing awareness of road safety and the need to comply with stringent safety regulations, the ADAS & Safety segment is expected to continue dominating the market during the forecast period.
The Infotainment segment is expected to be the fastest-growing segment during the forecast period. The Infotainment ECU is responsible for managing the vehicle's entertainment system, including the audio and video components, navigation system, and connectivity features. With the increasing demand for connected vehicles and the integration of smart technology in vehicles, the Infotainment segment is expected to witness significant growth. The Infotainment ECU is essential in modern vehicles, providing drivers and passengers with a seamless entertainment experience and easy access to information and communication services. As the market for connected vehicles and smart technology is expected to grow, the Infotainment segment is expected to witness the fastest growth during the forecast period.
Global Automotive Electronic Control Unit Market Size By Type, 2021 (%), 2023 (%)
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Global Automotive Electronic Control Unit Market Regional Insights
North America dominated the automotive ECU market due to the high adoption of advanced automotive technologies and the presence of key players in the region. Additionally, the increasing demand for electric and hybrid vehicles in the region is expected to drive the market's growth further. Furthermore, the US government's initiatives to reduce carbon emissions have led to the implementation of stringent regulations, which is driving the market growth. For example, the Corporate Average Fuel Economy (CAFE) standards mandate that automobile manufacturers must meet certain fuel efficiency requirements, which has led to the adoption of advanced ECU technologies.
On the other hand, APAC is expected to be the fastest-growing region in the automotive ECU market during the forecast period. The region's market growth can be attributed to the increasing production of automobiles, particularly in emerging economies such as China, India, and Japan. The rapid expansion of the automotive industry in APAC is also driving the market growth. Additionally, the increasing demand for advanced automotive technologies and the presence of major ECU manufacturers in the region are expected to further fuel the market growth.
Global Automotive Electronic Control Unit Market By Geography, 2021-2030, 2024-2031
- Largest
- Fastest
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Global Automotive Electronic Control Unit Market Dynamics
Automotive Electronic Control Unit Market Drivers
Increasing demand for advanced driver-assistance systems (ADAS) in vehicles
- One key driver of the automotive electronic control unit (ECU) market is the increasing demand for advanced driver-assistance systems (ADAS) in vehicles. ADAS technologies, such as automatic emergency braking and adaptive cruise control, rely on the ECU to operate effectively. The growing emphasis on vehicle safety and the increasing adoption of electric and hybrid vehicles are also expected to drive the market growth. Additionally, government regulations aimed at reducing carbon emissions and improving fuel efficiency are further boosting the demand for advanced ECU technologies in the automotive industry.
Automotive Electronic Control Unit Market Restraints
Increasing complexity and sophistication of the ECU's software
- One major restraint of the automotive electronic control unit (ECU) market is the increasing complexity and sophistication of the ECU's software. As the ECU's software performs a growing number of functions, it becomes more complex, leading to technical problems with automobiles. The complexity of the ECU's network structure and connectivity issues, caused by the increasing number of ECUs in vehicles, also presents a challenge. Technical flaws in the ECU can result in issues such as unintended acceleration, increased fuel consumption, unintended airbag deployment, and decreased vehicle performance, further restraining the market growth.
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Global Automotive Electronic Control Unit Market Competitive Landscape
The global automotive electronic control unit (ECU) market is highly competitive and fragmented, with numerous small and large players operating in the market. These players are focusing on developing advanced ECU technologies to cater to the increasing demand for advanced driver-assistance systems (ADAS) and vehicle electrification. The market players are also focusing on strategic collaborations and partnerships to expand their market presence and strengthen their product portfolio. Additionally, the players are investing in research and development activities to develop innovative ECU solutions that offer improved performance, reliability, and efficiency.
Top Player’s Company Profiles in Automotive Electronic Control Unit Market
- Continental AG (Germany)
- Robert Bosch GmbH (Germany)
- Delphi Technologies (UK)
- DENSO Corporation (Japan)
- Hitachi Automotive Systems Ltd. (Japan)
- Magneti Marelli S.p.A. (Italy)
- Autoliv Inc. (Sweden)
- ZF Friedrichshafen AG (Germany)
- Lear Corporation (US)
- Valeo SA (France)
- Panasonic Corporation (Japan)
- Infineon Technologies AG (Germany)
- Mitsubishi Electric Corporation (Japan)
- Texas Instruments Inc. (US)
- Aptiv PLC (UK)
- Bosch Rexroth AG (Germany)
- NXP Semiconductors N.V. (Netherlands)
- Renesas Electronics Corporation (Japan)
- Hitachi Ltd. (Japan)
- Toshiba Corporation (Japan)
Automotive Electronic Control Unit Market Recent Developments
- In March 2023, Valeo SA announced that it had launched a new ECU platform for ADAS, which could improve safety and reduce costs for automakers.
- In February 2023, Bosch announced that it had acquired a majority stake in Seeo Inc., a developer of advanced battery technology, to enhance its ECU capabilities for electric and hybrid vehicles.
- In January 2023, Denso Corporation announced that it had developed an advanced ECU system for EVs, which could improve energy efficiency and reduce costs.
- In August 2022, Hyundai Motor Group announced that it had invested $1.1 billion in Autotalks Ltd., a developer of V2X communication technology, to enhance its ECU capabilities for connected and autonomous vehicles.
- In June 2022, Nvidia Corporation announced that it had launched a new ECU platform for AVs, which could enable more efficient and safe operation of self-driving vehicles.
Global Automotive Electronic Control Unit Key Market Trends
- Numerous car manufacturers deliberately limit the full potential of their vehicles, constraining engine performance within safe parameters. However, there exists an opportunity to optimize these settings by adjusting the control units, thereby unlocking enhanced capabilities such as smoother performance, improved fuel efficiency, and increased horsepower tailored to driving conditions or owner preferences. Turbocharged engines particularly benefit from such adjustments, as remapping allows for heightened power from the turbocharger, resulting in significantly improved overall performance. This process offers a pathway to tap into the latent power of these vehicles, delivering a thrilling and dynamic driving experience.
Global Automotive Electronic Control Unit Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global automotive electronic control unit (ECU) market analysis, the market growth is driven by factors such as increasing demand for high-end vehicles, advancements in electronics, and a range of federal regulations to reduce fuel consumption. The growing adoption of advanced driver-assistance systems (ADAS) is also propelling the market growth. However, the increasing complexity and sophistication of ECUs are restraining the market growth within the forecast period. There are many small and major businesses participating in the market, which is very competitive and fragmented. The market players are concentrating on creating cutting-edge ECU technology and funding R&D initiatives to create creative ECU solutions.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 98.6 Billion |
| Market size value in 2031 | USD 154.28 Billion |
| Growth Rate | 5.10% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Automotive Electronic Control Unit Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Automotive Electronic Control Unit Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Automotive Electronic Control Unit Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Automotive Electronic Control Unit Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Automotive Electronic Control Unit Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Automotive Electronic Control Unit Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Automotive Electronic Control Unit Market Report Snapshots
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